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joeyvdt
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January 18, 2018, 05:53:26 AM
 #41

Just a correction. If you look at the last year it was much needed, but that's my opinion
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January 18, 2018, 12:08:50 PM
 #42

That is where losers are made. Because instead of trusting there investment they ended up panicking and selling all their coins without even thinking and studying the market first.
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January 18, 2018, 12:38:51 PM
 #43

Yeah, we are back, the correction was healthy, it scares of weak hands investors, we are here for long term.

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January 18, 2018, 12:39:37 PM
 #44

just a simple dump... Sometimes things happen, but do not be afraid. Cryptocurrencies turned green.

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January 18, 2018, 12:49:01 PM
 #45

just a simple dump... Sometimes things happen, but do not be afraid. Cryptocurrencies turned green.
I don't think it is just a simple dump because I never seen anything like this before and the market cap value of crypto currency just fell into half in two days and it is created by the panic selling.But now the conditions turning into normal every coin is in green mark.Hopefully the capitalization of coinmarket cap will again reach $600B.
As you said no need to afraid just hold and keep buying if you can because we knows that the price will recover soon if anything happened like this.And another thing is that every beginning of the year the price was dumped so it happened now also and the price is recovering.
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January 18, 2018, 01:36:02 PM
 #46

Holding is not good only when the price is good.
But the key is to know when the price is good for selling.
When the price is low don't sell it. Only if the coin is taken apart and useless.
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January 18, 2018, 01:44:10 PM
 #47

I think its a massive correction Smiley, but do not panic. You will just loss your money.
Anyway its on green now.. So stop panicking!

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January 18, 2018, 01:45:25 PM
 #48

I think it is interesting that they excluded the Korean prices, they are high, yes, but unfair to exclude them. Distorts the view on all things I think.

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January 18, 2018, 01:46:49 PM
 #49

well, I wonder why people 'panicking' at the black Friday for Altcoins. I'm sure it's an easy opportunity to grow our money. I mean just what the old quote says, "Buy when everyone selling, and then sell when everyone buying. I had been tried the quotes, and I'm made a lot of profit from it.

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January 18, 2018, 02:00:36 PM
 #50

Just calm down, it's a natural thing where maybe the price of the con will always go up, naturally if you feel panic and want to sell altcoin because you are afraid of loss, but try to be calm I also have some altcoin that suffered loss, but I'm optimistic it will be good only if I'm more patient

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January 18, 2018, 02:16:34 PM
 #51

Look at the chart at every beginning of the year. Every coin is dump at january. Dont panic sell it will create new all time high in juny. And then dump a little again. However. It is still very bullish if we buy it last year. Also coinmarketcap remove korean volemu thats why the volume is not as big as before now..
so history always repeat itself
this word i found at forex trading group but ii think this is relevant for crypto nowadays
mid year and almost end of the year is good thing for chart, if that history will repeat again? is it?

joshy23
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January 18, 2018, 02:24:19 PM
 #52

I think it is interesting that they excluded the Korean prices, they are high, yes, but unfair to exclude them. Distorts the view on all things I think.
It wont balance the real value since korean exchange really have a higher value with the coins which is included from their service, lucky for those who able to sign up but reality we should relied to the active market and we shouldn't worry if we seen some downfall, yet we should be glad because opportunity is knocking to our door buying those bloody coins which have a good and promising updates to come.
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January 18, 2018, 02:44:39 PM
 #53

Can some one answer the following questions that were asked by my nephew who is also into Crypto:

1. Why can't a coin other than bitcoin move independently from bitcoin? If bitcoin rises the alts drop, or if bitcoin drops, the alts also drop. Why not a coin will just move according independently from BTC and even surpass its value?

2. Will a coin be able to surpass the popularity of bitcoin?



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January 18, 2018, 03:23:11 PM
 #54

Hi there what happen all altcoins and bitcoin is dumping but why? Im panic about that and the coinmarketcap still dumping this is the end of cryptocurrency? Anyone knows about this? A litle worried about what happening now. Sad

I think the dumping is caused by some rumors about negative policy from China government. Actually, I do not think they can Stop the growing of this market.

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January 18, 2018, 03:41:36 PM
 #55

Can some one answer the following questions that were asked by my nephew who is also into Crypto:

1. Why can't a coin other than bitcoin move independently from bitcoin? If bitcoin rises the alts drop, or if bitcoin drops, the alts also drop. Why not a coin will just move according independently from BTC and even surpass its value?

2. Will a coin be able to surpass the popularity of bitcoin?

1. Can't? That's surely a wrong assumption. For most of the time, yes, alts are affected by major Bitcoin price action. But there are also times when alts just go on their course, regardless on how Bitcoin is doing. Surpassing BTC in value is another problem. Bitcoin is superior because of acceptance, popularity, adoption, technologically stable, well build, and well tested.

2. Very unlikely IMO, unless Bitcoin development is dying.
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January 18, 2018, 03:48:51 PM
 #56

Hi there what happen all altcoins and bitcoin is dumping but why? Im panic about that and the coinmarketcap still dumping this is the end of cryptocurrency? Anyone knows about this? A litle worried about what happening now. Sad
I don't think it's the end of Crypto
Reasons for FUD:
China banned mining and P2P trading (might be a FUD)
S Korea decided to ban exchange (False info)

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January 18, 2018, 04:19:02 PM
 #57

no need to worry. yearly. altcoin and bitcoin thing goes down in January and then as you see all goes up spectacularly. 2018 will be a promising year over 2017 a lot. The current altcoin is showing signs of recovery after a downturn due to the influence of information from China and Korea. 2 major cryptop countries
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January 18, 2018, 04:27:06 PM
 #58

Yep, I think we successfully passed the downtrend. It seems like everyone are moving their fiat into the crypto again  Wink
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January 18, 2018, 04:37:54 PM
 #59

Hi there what happen all altcoins and bitcoin is dumping but why? Im panic about that and the coinmarketcap still dumping this is the end of cryptocurrency? Anyone knows about this? A litle worried about what happening now. Sad
why would you panic? you are a full member and i believe you saw something like this before, just calm and wait for its prices to comeback in its normal progress, this always happen and it is a good chance actually for traders to buy discounted coins before it pump again. If you don't believe in cryptocurrency this might not be a good industry for you to be honest. Cheesy

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January 18, 2018, 04:42:05 PM
 #60

Yep, I think we successfully passed the downtrend. It seems like everyone are moving their fiat into the crypto again  Wink
It will ofcourse the downtrend is not for long it just a temporary issues that price are currently down. It will recover also if red marks a good to hold. In this event prices will go high again.
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